iShares Core MSCI Europe ETF (NYSEARCA:IEUR) Sets New 12-Month Low – Here’s Why

iShares Core MSCI Europe ETF (NYSEARCA:IEUR) shares hit a new 52-week low on Tuesday . The stock traded as low as $53.17 and last traded at $53.75, with a volume of 1328654 shares trading hands. The stock had previously closed at $54.02.

iShares Core MSCI Europe ETF Stock Down 0.5 %

The stock has a market cap of $4.81 billion, a P/E ratio of 17.26 and a beta of 0.89. The firm’s 50-day moving average is $59.83 and its two-hundred day moving average is $57.89.

Institutional Investors Weigh In On iShares Core MSCI Europe ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. FMR LLC raised its holdings in iShares Core MSCI Europe ETF by 52.9% during the third quarter. FMR LLC now owns 16,812 shares of the company’s stock valued at $1,024,000 after buying an additional 5,814 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of iShares Core MSCI Europe ETF by 8.0% during the 3rd quarter. HighTower Advisors LLC now owns 96,435 shares of the company’s stock valued at $5,875,000 after acquiring an additional 7,117 shares during the last quarter. Stifel Financial Corp raised its stake in shares of iShares Core MSCI Europe ETF by 0.4% in the 3rd quarter. Stifel Financial Corp now owns 147,956 shares of the company’s stock valued at $9,015,000 after acquiring an additional 601 shares in the last quarter. National Bank of Canada FI lifted its holdings in iShares Core MSCI Europe ETF by 3.9% in the 3rd quarter. National Bank of Canada FI now owns 9,258 shares of the company’s stock worth $564,000 after purchasing an additional 350 shares during the last quarter. Finally, MML Investors Services LLC boosted its position in iShares Core MSCI Europe ETF by 261.2% during the third quarter. MML Investors Services LLC now owns 560,765 shares of the company’s stock worth $34,167,000 after purchasing an additional 405,527 shares during the period.

iShares Core MSCI Europe ETF Company Profile

The iShares Core MSCI Europe ETF (IEUR) is an exchange-traded fund that is based on the MSCI Europe IMI index, a market-cap-weighted index of developed European securities. IEUR was launched on Jun 10, 2014 and is managed by BlackRock.